#United States #Detroit #foreclosure #Kroll Settlement #Wayne County

Important Information for Property Owners in Wayne County, Michigan

If you owned a property in Wayne County, Michigan that was foreclosed on and sold at auction before December 2020, it’s crucial to pay attention to this notice. The Michigan Supreme Court ruled that counties cannot retain profits from tax-foreclosed properties, which means many individuals may be entitled to claim leftover proceeds from these sales.

Who May Be Affected?

This notice pertains to anyone who owned or had a stake in a property within Wayne County that underwent foreclosure and was sold at auction before the specified date. If a property was auctioned off, and there were funds remaining after settling debts owed to the foreclosing governmental unit, you could be in line to receive your due share.

Understanding Remaining Proceeds

The remaining proceeds refer to any surplus funds that exist after paying off all costs and expenses associated with the foreclosure and sale. If your property is eligible, these funds rightfully belong to you or any other interested parties.

Claiming Your Funds

To be eligible to collect any remaining sale proceeds, you must act quickly. The deadline to submit a Notice of Intent to Claim Interest in Foreclosure Sales Proceeds (form 6156) is set for March 31, 2025. Failing to submit this notification by the deadline will result in the forfeiture of your claim.

How to Submit Your Notice of Intent

For those wishing to participate, obtaining and submitting the required forms is straightforward. Here are the steps to follow:
1. Visit WayneCountyForeclosureClaims.com for the necessary documentation and FAQs regarding the process.
2. Complete the Notice of Intent form, ensuring all information is accurate.
3. Send your completed form via certified mail or personally deliver it to:

The Wayne County Treasurer
400 Monroe, 5th Floor
Detroit, MI 48226

This must be done no later than March 31, 2025, to ensure your claim is recognized.

Conclusion

This is a significant opportunity for all eligible property owners in Wayne County. Time is running out, and action must be taken promptly to reclaim any funds that you may be owed from previous foreclosure sales. Don’t delay—check your eligibility today and submit your notice to claim your rightful proceeds. Being proactive could potentially recover significant funds that rightfully belong to you. For additional support and inquiries, please refer to the official website or contact the Wayne County Treasurer’s Office directly for assistance.